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Pay 41% More For ObamaCare And Get Less
chrissstreetandcompany.com ^ | 11/6/13 | Chriss W. Street

Posted on 11/07/2013 6:15:46 AM PST by Texas Eagle

The Manhattan Institute just published an analysis of the Obamacare individual policy insurance rates demonstrating the average cost will rise by 41% next year. The results are very similar to the 2009 PriceWaterhouseCoopers analysis that predicted insurance rates would rise by 47%. The biggest hikes will hit the young people, where rates will jump by an average of 98% for men and 58% for women. Insurance rates will also increase for everyone who is healthy and for all males. Obamacare’s taxpayer-funded subsidies will primarily benefit those approaching retirement, despite substantially higher average net worth compared to the young. The real winners under Obamacare are huge insurance companies and HMOs whose stock prices have gone up twice as fast as the market, since Obamacare kills competition and creates monopolistic profits.

(Excerpt) Read more at chrissstreetandcompany.com ...


TOPICS: Government; Miscellaneous; News/Current Events
KEYWORDS: obamacare
The real winners under Obamacare are huge insurance companies and HMOs whose stock prices have gone up twice as fast as the market, since Obamacare kills competition and creates monopolistic profits.

Selah.

1 posted on 11/07/2013 6:15:46 AM PST by Texas Eagle
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To: Texas Eagle

But Obama said your rates would go down.
Of course, if your rates go down, you can’t keep your coverage.

Sucker.


2 posted on 11/07/2013 6:17:08 AM PST by a fool in paradise (America 2013 - STUCK ON STUPID)
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To: Texas Eagle

All of which, of course, was completely predictable . . . hey, it was predicted. LMFAO and crying at the same time.


3 posted on 11/07/2013 6:18:09 AM PST by Ryde (Post-modernism: good only for those who sleep in soft beds.)
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To: Texas Eagle

Nope, not doing it.

I will leave this rock before anything of the sort happens.


4 posted on 11/07/2013 6:20:45 AM PST by chris37 (Heartless.)
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To: Texas Eagle
The biggest hikes will hit the young people, where rates will jump by an average of 98% for men and 58% for women

I guess that's because women make only $.58 for every $.98 made by men?

5 posted on 11/07/2013 6:23:34 AM PST by Right Brother
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To: Texas Eagle
I have a friend whose rates are almost doubling. I'm lucky, mine are only going up slightly.
6 posted on 11/07/2013 6:29:30 AM PST by Kip Russell (Be wary of strong drink. It can make you shoot at tax collectors -- and miss. ---Robert A. Heinlein)
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To: Texas Eagle

Just wait until next year when the delay in the employer mandate expires and as many as 129,000,000 will have lost their insurance. If anyone votes Democrat in Nov. ‘14, they deserve to live or die under Big Government’s boot.


7 posted on 11/07/2013 6:35:38 AM PST by txrefugee
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To: txrefugee

The Democrats’ War on Men!!!!


8 posted on 11/07/2013 6:37:23 AM PST by Hillary'sMoralVoid
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To: Texas Eagle

http://newsbusters.org/blogs/noel-sheppard/2013/11/07/carrie-underwood-and-brad-paisley-mock-obamacare-country-music-awards

2014, remembere every RAT who voted for this and then the ones who campaigned in support of it after it was shoved down our throats. The RATs are running off the Obama ship in the hopes that we will forget what they did, e.g., Landrieu in Louisiana


9 posted on 11/07/2013 6:38:07 AM PST by ExTexasRedhead
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To: Ryde

Predicted, and rejected with hands over their ears, by liberals who WANTED it to work.


10 posted on 11/07/2013 6:38:38 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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Comment #11 Removed by Moderator

To: Texas Eagle

We need to start asking:

WHAT is O’care demanding that makes current policies “non-compliant”?

Exactly WHAT is “better” about O’care?

Just because you will be issued an “Insurance Card”, if you have a “pre-existing condition”, DOES NOT MEAN THAT CONDITION WILL BE COVERED OR TREATED!!!


12 posted on 11/07/2013 7:38:54 AM PST by G Larry (Let his days be few; and let another take his office. Psalms 109:8)
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To: Texas Eagle
Insurance rates will also increase for everyone who is healthy and for all males.

Yes, because maternity coverage is mandatory for EVERYONE! Yes, even males and even women over 60. What a bunch of f'ing d'bags we have in Congress and, more to the point, in this country - because we didn't toss Otraitor and the whole Dem Party last year. MORONS - we deserve what we get.

I'm just waiting to see the howls of outrage from the Otraitor robots - I will LMAO.

What I'd like to know, seriously speaking, is how it is that we can be forced to participate in a system that: a) exempts the President, Congress and the federal courts; and b) was adopted based upon fraud in the inducement?

13 posted on 11/07/2013 7:41:14 AM PST by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt)
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To: Texas Eagle

Obamacare?

It should be called ZEROCARE.


14 posted on 11/08/2013 6:56:41 PM PST by UCANSEE2 (The monsters are due on Maple Street)
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